Contour News

Contour blockchain-based trade finance firm on September 5, 2022, announced the acquisition of We.Trade, as part of the latter’s insolvency process. Distributed ledger technology (DLT) is gaining traction in the trade financing sector.  Contour Takes Over We.Trade  Contour, a firm…

Faced by work disruptions caused by the novel coronavirus and the need to function efficiently even during crises, Sumitomo Mitsui Bank Corporation (SMBC) has today (July 21, 2020) signed a letter of intent to join Contour’s Beta Network and scored a…

Singapore-based DBS bank has joined blockchain-powered trade finance network Contour for increased digitization of global trade processes including the creation, exchange, approval, and issuance of letters of credit (LCs). This, according to a report by The Business Times, May 11,…